Glass.AI Delivers Data and Insights for the UK’s First Semiconductors Sector Study.

Glass.AI
2 min readSep 27, 2024

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The Department for Science, Innovation and Technology recently published the UK’s first Semiconductors Sectoral Study.

This report presented the findings from comprehensive research undertaken by Perspective Economics and the Institute for Manufacturing (IfM) using Glass.AI to produce a baseline of semiconductor-related economic activity in the UK. The study aimed to enable a better understanding of future progress towards the objectives and commitments set out in the UK’s National Semiconductor Strategy (NSS).

Like in similar studies focused on critical sectors of the economy, our AI research capability was used to identify the semiconductor companies, understand their products and services, number of employees, supply chain, international presence and other indicators.

We discovered 210 dedicated semiconductor firms in the UK, generating £10bn of annual revenue and supporting over 86,000 jobs across the UK’s supply chain. We also identified a total of 413 diversified companies involved in the UK’s semiconductor sector.

Other headline sector metrics

  • Arm is the largest UK-headquartered semiconductor company, accounting for 25% of revenues and 20% of employment, among the subset of 210 dedicated semiconductors firms included in this report.
  • Among dedicated semiconductor companies, revenue per employee ranges from £225,000 among micro-sized enterprises to £750,000 among large enterprises.
  • Average GVA per employee among dedicated semiconductor companies is estimated to be approximately £460,000 (£305,000 if Arm is excluded).
  • Dedicated companies employ an estimated 15,000 people in the UK, of which headquartered companies account for more than 60% of this total (n=9,313).

You can read the full full report here.

If you’re interested in tracking a sector in the UK or globally, you can contact us at info@glass.ai.

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Glass.AI

AI research capability that deep reads the web to understand sectors and companies. Used by governments, consultancies and corporates.